Vietnam’s banks prepare to go abroad

VietNamNet Bridge – Vietnam’s leading banks Vietcombank, BIDV and VietinBank will have to list shares on overseas bourses under a plan for the next eight years. Vietnam’s banks prepare to go abroad It is expected that by 2025, the state’s ownership ratio in state-owned banks may fall to 51 percent. Vietnam’s leading banks Vietcombank, BIDV and VietinBank will have to list shares on overseas bourses under a plan for the next eight years. If commercial banks, including BIDV, will see average asset growth rate of 10 percent per annum, after eight years, BIDV will have total assets equal to the bank ranked 100th in Asia. US$1=VND22,000 RELATED NEWS Banks rush to complete more M&A deals How are foreign banks performing in Vietnam? Mai Lan